$SNDK
*Current Price*
- *Last Price*: $1,479.84 USDT 🔴
- *Mark Price*: $1,479.85
- *24h High*: $1,599.00
- *24h Low*: $1,419.66
- *24h Vol*: 2.52M SNDK | 3.75B USDT
- *Stock SNDK*: $1,503.88 🔴
The chart is currently in a downtrend; it has fallen from 1,599 to reach around 1,479.
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*Top SNDK News - August 2026* 📰
1. *Earnings Guidance Miss*
Sandisk provided revenue guidance for the September quarter of $10.3B - $10.8B, which was below analysts’ estimate of $10.8B. Because of this, the stock dropped ~5.3% in after-hours trading.
2. *Strong Q4 Results But Selloff*
In the June quarter, revenue increased 51% QoQ to $8.97B, and EPS was $39.25, which was better than expected. The data-center business rose 103% YoY to $2.97B. Still, the stock has fallen ~48% from its June high.
3. *Supported by AI + Long-Term Contracts*
- Data center revenue up 103% QoQ to $3B
- Minimum $93.9B worth of long-term contracts, covering 50%+ of FY2027 and 2/3 of FY2028 volume
- The company is targeting mid-to-high teens revenue growth through FY2028–2030 and ~80% gross margin
4. *Discussion of a Stock Split*
The stock is up 3,000%+ over 12 months, from $50 to $2,350. It is currently trading around $1,500. There is talk of a split to make it more accessible for retail investors.
Some analysts say the selloff could be a buying opportunity. However, there are also doubts about the memory cycle and margin sustainability.
#SNDKUSDT #SNDKUST #SNDKUSTD
*Current Price*
- *Last Price*: $1,479.84 USDT 🔴
- *Mark Price*: $1,479.85
- *24h High*: $1,599.00
- *24h Low*: $1,419.66
- *24h Vol*: 2.52M SNDK | 3.75B USDT
- *Stock SNDK*: $1,503.88 🔴
The chart is currently in a downtrend; it has fallen from 1,599 to reach around 1,479.
---
*Top SNDK News - August 2026* 📰
1. *Earnings Guidance Miss*
Sandisk provided revenue guidance for the September quarter of $10.3B - $10.8B, which was below analysts’ estimate of $10.8B. Because of this, the stock dropped ~5.3% in after-hours trading.
2. *Strong Q4 Results But Selloff*
In the June quarter, revenue increased 51% QoQ to $8.97B, and EPS was $39.25, which was better than expected. The data-center business rose 103% YoY to $2.97B. Still, the stock has fallen ~48% from its June high.
3. *Supported by AI + Long-Term Contracts*
- Data center revenue up 103% QoQ to $3B
- Minimum $93.9B worth of long-term contracts, covering 50%+ of FY2027 and 2/3 of FY2028 volume
- The company is targeting mid-to-high teens revenue growth through FY2028–2030 and ~80% gross margin
4. *Discussion of a Stock Split*
The stock is up 3,000%+ over 12 months, from $50 to $2,350. It is currently trading around $1,500. There is talk of a split to make it more accessible for retail investors.
Some analysts say the selloff could be a buying opportunity. However, there are also doubts about the memory cycle and margin sustainability.
#SNDKUSDT #SNDKUST #SNDKUSTD
